Dana Petroleum’s Triton production vessel reaches 200 millionth barrel milestone
Dana Petroleum’s oil production vessel Triton has marked a major milestone by successfully extracting its 200 millionth barrel from the North Sea.
Triton is a floating, production, storage and offloading vessel (FPSO) and produces oil and gas from the Bittern, Guillemot West and North West, Clapham, Pict and Saxon fields. It is located in the UK Central North Sea 120 miles east of Aberdeen.
Triton produced first oil from Bittern back in April 2000. Dana was a non-operated partner in the Bittern field from 2010 and became operator of Triton in October 2012.
Paul Griffin, Dana’s UK Managing Director, said: “The Triton Team takes a huge amount of pride in this significant milestone and accomplishment, which symbolises over a decade of safe, reliable operations. But it also marks the opening of a brand new chapter in the Triton journey, and gives Dana valuable experience as we prepare to operate the Western Isles FPSO.”
Notes to editors
About Dana Petroleum plc
Dana Petroleum plc, a wholly owned subsidiary of the Korea National Oil Corporation (KNOC), is an international oil and gas business with operations in the UK, Egypt, Norway, the Netherlands and Africa, producing 60,000 barrels of oil a day. Dana’s ambition is to become a leading international oil and gas company operating in Europe, Africa and the Middle East and aims to grow production significantly by investing up to $5 billion over the next five years to increase the size of the company and create value for our shareholder.
About Dana Petroleum UK
Our portfolio in the UK consists of exploration, production and development activities throughout the Northern, Central and Southern North Sea, West of Shetland, and in the Moray Firth. We hold a total of 20 operated and 35 non-operated licences acquired through successful licensing rounds, acquisitions and asset farm-ins. Our average annual production in 2012 was 33,000 barrels of oil per day. Our strategy is to continue to invest in our UK exploration portfolio and convert exploration prospects into reserves and production.
The Triton FPSO produces oil and gas from the Bittern, Guillemot West and North West, Clapham, Pict and Saxon fields. It is located in the UK Central North Sea, Block 21/30, approximately 120 miles east of Aberdeen.
Joint venture partners in Triton FPSO are Dana (51.966%), Shell UK (26.42%), Esso Exploration and Production UK Limited (20%) and Endeavour (1.614%).
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